The chip maker logged higher profit and sales in the fiscal first quarter. Shares rose in after-hours trading.
The chip maker expects “strong growth” this year despite the uncertain macroeconomic and regulatory environment.
Shares of AMD Inc. (AMD) rise after a top and bottom-line beat in its 1Q earnings report. George Tsilis joins Caroline Woods with immediate reaction to the release.
AMD reported first fiscal quarter earnings on Tuesday that topped expectations, and provided a strong guide for current quarter revenue. In this article AMD
Markets today open with focus on the Fed meeting kickoff, AMD earnings, and ongoing tariff uncertainty.
The concerns around tariffs and the impact on the economy triggered a sharp sell-off for stocks recently. But this uncertainty hasn't seemed to slow the momentum for the artificial intelligence (AI) market.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
In today's video, I discuss Advanced Micro Devices (AMD 2.33%) and what investors should know before the company reports earnings. To learn more, check out the short video, consider subscribing, and click the special offer link below.
AMD is massively undervalued and presents a compelling opportunity ahead of Q1 earnings, despite competitive pressure from Nvidia. AMD's earnings record is strong, with only one EPS miss in the last 12 quarters, and AI tailwinds are robust. Valuation analysis shows a fair share price around $150, indicating a 52% upside potential, even with conservative growth assumptions.
Wednesday's expected decision on interest rates from the Federal Reserve, along with earnings from several large tech and entertainment companies, could highlight a busy week ahead for investors.
Advanced Micro Devices (AMD) is slated to report quarterly results after the closing bell Tuesday, and several analysts have lowered their price targets in recent weeks in the wake of tighter restrictions on U.S. chip exports to China.
Advanced Micro Devices' Q1 results are likely to reflect weakness in the Embedded and Gaming segments, offset by strong Data Center and Client growth.